NOT LISTED FOR SALE

7525 Newstead Dr Cumming, GA 30041

Estimated Value: $645,000 - $680,085

4 Beds
2.5 Baths
2,730 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $402,500 $147 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,144/month

3 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Traditional Architecture
  • Brookwood Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of September 2020

A beautifully renovated 4 beds + 2.5 baths 2-story house, located in a Swim & Tennis community, and assigned to the top-rated Lambert High school district. Open and bright 1st floor with a gourmet kitchen with granite countertops and SS appliances, dining, living, and French doors leading to the home office. Master bedroom and beautiful master bath with newly installed frameless shower door, three additional bedrooms, and a huge Laundry Room on the 2nd floor. New interior paint, beautiful new bamboo floor throughout, and new hardwood stairs. Exterior painted and new deck installed in 2019. Brand new and upgraded upstairs AC unit. Super beautiful and peaceful fenced backyard is perfect for the family to relax and watch the kids play around. Conveniently located and close to shopping, restaurant, hospital, etc. Must see!!!

Last Agent to Sell the Property

Sophia He

ATLFDC Realty, LLC License #366399 Listed on: 08/08/2020

Last Buyer's Agent

Amarender Bommineni

Maximum One Executive Realtors License #357023

Maximum One Executive Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 1998

Lot Details

  • 0.32 Acre Lot
  • Property fronts a state road
  • Wood Fence
  • Level Lot
  • Back Yard Fenced

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Brookwood - Forsyth Elementary School
  • South Forsyth Middle School
  • Lambert High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 531
  • Assessor Parcel Number 113 456

Community Details

Overview

  • $125 Initiation Fee
  • Secondary HOA Phone (770) 667-0595
  • Plantation At Brookwood Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,849

Year Built

Built in 1998

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Washer
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2730.00
  • Spa Features: None
  • Window Features: Storm Window(s)

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: pam.Tedrick@HMS-inc.net
  • Management Phone: 770-667-0595
  • Subdivision Complex: Plantation at Brookwood

Schools

  • Elementary School: Brookwood - Forsyth
  • Middle School: South Forsyth
  • High School: Lambert

Lot Info

  • Acres: 0.3200
  • Lot: 531
  • Land/Lot: 1161
  • Section G M D: 1st
  • Deed Book: 7659
  • Deed Page: 74
  • Plat Book: 45
  • Plat Page: 96-98
  • Lot Features: Back Yard, Level
  • Lot Dimensions: x
  • Parcel Number: 113 456
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 125

Tax Info

  • Taxes: 3849.00
  • Assessor Parcel Number: 113-000-456
  • Close Date: 2020-09-18
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Brookwood - Forsyth
  • High School: Lambert
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 18, 2020
Sold by
He Shaohua
Bought by
Bhatnagar Vipul and Srivastava Kopal
Seller's Agent
Sophia He
ATLFDC Realty, LLC
Buyer's Agent
Amarender Bommineni
Maximum One Executive Realtors
List Price
$399,900
Sold Price
$402,500
Premium/Discount to List
$2,600
0.65%
Current Estimated Value
$653,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,661
Avg. Annual Appreciation
10.22%
Original Mortgage
$382,375
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2015
Closed on
Feb 16, 2016
Sold by
Maitz Jennifer J
Bought by
Zhao Yan and He Shaohua
Seller's Agent
Gene Tuggle
Keller Williams Realty Community Partners
Buyer's Agent
Sophia He
ATLFDC Realty, LLC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Aug 26, 2002
Sold by
Katz David A and Katz Karen
Bought by
Maitz Richard L and Maitz Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Pulte Hm Corp
Bought by
Katz David A and Katz Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,018
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bhatnagar Vipul $402,500 --
Zhao Yan $315,000 --
Maitz Richard L $230,000 --
Katz David A $189,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vipul Bhogilal $596,760
Closed Bhatnagar Vipul $382,375
Previous Owner Maitz Richard L $75,900
Previous Owner Maitz Richard L $28,000
Previous Owner Maitz Richard L $184,000
Previous Owner Katz David A $174,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $402,500 +0.7% $147 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $399,900 +27.0% $146 / Sq Ft
02/16/2016 02/16/16 Sold $315,000 -3.1% $115 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $325,000 -- $119 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,469 $263,796 $68,000 $195,796
2023 $5,982 $243,020 $60,000 $183,020
2022 $4,878 $152,468 $40,000 $112,468
2021 $4,210 $152,468 $40,000 $112,468
2020 $3,864 $154,000 $40,000 $114,000
2019 $3,849 $152,980 $40,000 $112,980
2018 $3,837 $151,596 $30,000 $121,596
2017 $3,311 $126,000 $34,000 $92,000
2016 $2,891 $111,136 $30,000 $81,136
2015 $2,757 $104,536 $30,000 $74,536
2014 $2,407 $94,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6764182

First Multiple Listing Service (FMLS)

APN: 113-456